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GLS News - GLS successfully exits LegalSifter
1 min • 09 May 23
GLS Investments, a GLS Group Company, has successfully sold its stake in LegalSifter, the world’s leading A.I. contract review tool. GLS will continue a working relationship with LegalSifter – acting as a distributor of its commercial offerings in Southeast Asia. Carrick Capital Partners, a U.S. private equity fund, has acquired a controlling stake in LegalSifter, underscoring its confidence in the software's ability to address common contract-related challenges faced by businesses. The partnership between A.I. and human expertise provided by LegalSifter's software and services model has garnered substantial trust and investment. With the infusion of new funds, LegalSifter plans to expand its innovative offerings and extend its services to a broader client base globally. Click here if you would like to experience A.I. powered contract review efficiency for your own in-house legal team: EXPERIENCE LEGALSIFTER GLS Investments actively pursues opportunities to invest in promising legal tech solutions – via both cash and sweat for equity. GLS Investments is an expert in identifying and helping to commercialize promising legal tech solutions. If you have a promising legal tech solution that you want to bring to life or scale up – do consider reaching out to the GLS Group for a discussion. You can learn more about GLS Investments right here. About GLS Group GLS Group is a leading global provider of in-house legal team resources and performance solutions. We make it safe, easy and affordable for in-house legal teams to demonstrably improve their performance – wherever in the world they are located. Our integrated solutions act as both “change agents” and “force multipliers” to drive in-house legal team performance whilst also enhancing the career trajectories of in-house lawyers. |